Gold Near Steady; Bullish Outside Markets Limit Selling Pressure

by / Tuesday, 04 August 2015 / Published in Gold & Silver

Gold prices are near unchanged in early U.S. trading Tuesday. Some mild short covering in the futures market and bargain hunting in the spot market are featured. Bullish outside markets on this day—a weaker U.S. dollar index and firmer crude oil prices—are temporarily keeping the sellers on the sidelines. December Comex gold was last up $0.90 at $1,090.30 an ounce. September Comex silver was last steady at $14.515 an ounce.

Bookmark and Share

Source: Kitco